EUR USD Technical Analysis April 5, 2023
The EUR rose 0.50% against the USD on Tuesday and closed at 1.0956. Today in the European session, while EUR USD technical Analysis April 5, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0941, which is 0.13% lower than yesterday’s close.
The pair is expected to find support at 1.0935 and a fall-through could take it to the next support level of 1.0900. The pair is expected to find its first resistance at 1.0970, and a rise-through could take it to the next resistance level of 1.0990. Today’s expected trading range is between 1.0885 support and 1.1025 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.0935
Support 2: 1.0900
Support 3: 1.0885
Important resistance levels:
Resistance 1: 1.0970
Resistance 2: 0.0990
Resistance 3: 0.1025
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